Tony Parker, NBA basketball player with the San Antonio Spurs, will play with the French club ASVEL during the lockout. REUTERS/Robert Pratta

October 14, 2011

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Daily business briefing

The NBA announced earlier this week that the first two weeks of its 2011-12 basketball season will be canceled, after the league's players and owners failed to reach a new labor deal. Here, a by-the-numbers account of how that adds up in terms of lost revenue for the players, the league, and the vendors dependent on the games:

$4 billionAnnual NBA revenue. The major point of dispute in negotiations is how to share that revenue.

100Total number of games scrapped by canceling the first two weeks of the season

About $1 millionAmount in revenue the Sacramento Kings lose per canceled game, says CBS News, an amount typical of most small-market NBA teams

$719,502 Amount lost in ticket sales per canceled game

$70,000Amount loss in parking revenue per canceled game

$208,359 Amount lost in vendor sales per canceled game

$350 million Amount per month the players will collectively lose during the lockout

$83.5 millionValue of Bryant's three-year contract. While it's hard to label multimillionare NBA players as victims, says Reed, "it is also difficult to imagine losing a paycheck that amounts to an unfathomable fortune every two weeks."